NOT LISTED FOR SALE

785 Summit Ave River Edge, NJ 07661

Estimated Value: $891,000 - $974,613

4 Beds
2.5 Baths
3,315 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $800,000 $241 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,861/month

42 Days on Market

Highlights

  • Corner Lot
  • 5-minute walk to River Edge
  • Central Air
  • Roosevelt Elementary School Rated A

About This Home

As of August 2023

Highly desired section of River Edge NJ. Just under 2400 SQ FT, 4 bedrooms, 2.5 baths on a 125x138 lot. New kitchen and baths! First floor: Mudroom, den, large living room with fireplace, formal dining room, brand new kitchen, and new half bathroom. Second floor: 4 large bedrooms, enclosed porch, 1 full bathroom. Walkup attic. Unfinished basement with a new full bathroom. New cooling and heating system; Central air (2 zones), forced hot air (2 zones). Hardwood throughout. Newer roof and updated windows. Detached 2 car garage. MOVE RIGHT IN! All of the expensive stuff has been done! Expand and/or put your finishing touches. Lots of possibilities.

Last Agent to Sell the Property

James Malki

JMichaels Realty LLC Listed on: 06/09/2023

Last Buyer's Agent

Kimberly Fleak

Coldwell Banker, Wyckoff/Franklin Lakes

Coldwell Banker, Wyckoff/Franklin Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,620

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 125x138
  • Corner Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Roosevelt Elementary School
  • River Dell Middle School
  • River Dell Reg. High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00003 / 00402

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,620

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • View Type:Pond View: None
  • Co List Office Phone: 201-918-3555
  • Outside Inclusions: All Appliances (Except Washer and Dryer)
  • MLS Status: Sold - Sold
  • Directions: Continental or Midland or Lincoln to Summit (Corner Lot)
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: No
  • Basement Remarks: Unfinished with New Full Bathroom

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Exclusions: Washer and Dryer
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Zoned

Schools

  • Elementary School: Roosevelt E.S.
  • High School: River Dell Reg. H.S.
  • Middle Or Junior School: River Dell M.S.
  • Elementary: Roosevelt E.S.

Lot Info

  • Lot Dimensions: 125x138
  • Lot Size Sq Ft: 17254.0

Tax Info

  • Tax Annual Amount: 19620.0
  • Tax Block: 00402
  • Tax Lot: 00003

MLS Schools

  • High School Text: River Dell Reg. H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2025
Sold by
Kim Jimmy and Kim Esther H
Bought by
David Glenn C
Current Estimated Value
$927,153

Purchase Details

Listed on
Jun 9, 2023
Closed on
Aug 10, 2023
Sold by
785 Summit Ave Llc
Bought by
Kim Jimmy and Kim Esther H
Seller's Agent
James Malki
JMichaels Realty LLC
Buyer's Agent
Kimberly Fleak
Coldwell Banker, Wyckoff/Franklin Lakes
List Price
$775,000
Sold Price
$800,000
Premium/Discount to List
$25,000
3.23%
Views
220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%

Purchase Details

Listed on
Jul 2, 2020
Closed on
Feb 23, 2021
Sold by
Merwede Roy and Estate Of Stephen A Bogue
Bought by
785 Summit Ave Llc
Seller's Agent
DANIEL JENNINGS
C-21 CHRISTEL REALTY
Buyer's Agent
JAMES MALKI
JMICHAELS REALTY , ORADELL
List Price
$699,000
Sold Price
$575,000
Premium/Discount to List
-$124,000
-17.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.62%

Purchase Details

Closed on
Apr 8, 2002
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
David Glenn C $920,000 Title Guarantee Inc
Kim Jimmy $800,000 Stewart Title Guaranty Company
785 Summit Ave Llc $325,000 Safeland Title Agency Llc
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $800,000 +3.2% $241 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $775,000 +34.8% $234 / Sq Ft
03/10/2021 03/10/21 Sold $575,000 -4.2% $173 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
09/26/2020 09/26/20 Price Changed $599,900 -9.1% $181 / Sq Ft
07/24/2020 07/24/20 Price Changed $659,900 -2.9% $199 / Sq Ft
07/13/2020 07/13/20 Price Changed $679,900 -2.7% $205 / Sq Ft
07/02/2020 07/02/20 For Sale $699,000 -- $211 / Sq Ft
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $20,347 $526,300 $276,500 $249,800
2023 $16,583 $526,300 $276,500 $249,800
2022 $16,583 $448,200 $198,400 $249,800
2021 $15,999 $441,100 $198,400 $242,700
2020 $15,747 $441,100 $198,400 $242,700
2019 $15,297 $441,100 $198,400 $242,700
2018 $14,975 $441,100 $198,400 $242,700
2017 $14,830 $441,100 $198,400 $242,700
2016 $14,495 $441,100 $198,400 $242,700
2015 $14,190 $441,100 $198,400 $242,700
2014 $14,217 $441,100 $198,400 $242,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23017807

New Jersey MLS

APN: 52-00402-0000-00003